Posts Tagged ‘oil spill’
What will it take for Americans to end the Free Ride of Wall Street Corporations? [Note: in 2008, the Government Accountability Office found that “two out of every three United States corporations paid no federal income taxes from 1998 through 2005." And there are people in Congress who still have the nerve to blame "the greed" of Seniors for our staggering national debt?] It will take the removal of elected officials in Congress whose personal wealth is tied to Wall Street Corporations and nothing less. We can start by removing the 261 millionaires currently in Congress. 1% of our population are millionaires and yet for the past 30 years 40 to 50% of Congress have been millionaires.
Source Wiki Commons - Lower Yellowstone Falls closeup. Yellowstone National Park, Wyoming, USA. – Author: Scott Carlson – GNU Creative Commons Attribution Share
ExxonMobil does it again– the Wall Street corporation that didn’t pay a cent of USA Federal Income tax for 2009 and 2010 in spite of earning record profits that exceeded $45.5 billion in 2009 and $19 billion in 2010. [Note: in 2008, the Government Accountability Office found that “two out of every three United States corporations paid no federal income taxes from 1998 through 2005.”] ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller’s Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas. It is affiliated with Imperial Oil which operates in Canada. ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years.
Too bad if you were planning to fish in the Yellowstone River this Holiday Weekend.
Matthew Brown from the Associated Press reported that: ”An ExxonMobil pipeline that runs under the Yellowstone River in Montana ruptured Saturday and leaked hundreds of barrels of oil into the waterway, causing a 25-mile plume that fouled the riverbank and forced municipalities and irrigation districts downstream to close intakes.
The break near Billings led to temporary evacuations of hundreds of residents along a 20-mile stretch. Cleanup crews deployed booms and absorbent material as the plume moved downstream at an estimated 5 to 7 mph. The river has no dams on its way to its confluence with the Missouri River just across the Montana border in North Dakota. It was unclear how far the plume might travel.
“The parties responsible will restore the Yellowstone River,” Mont. Gov. Brian Schweitzer said. [Well that remains to be seen. Perhaps but only after many years and many lawsuits. Look to how long it took Exxon to pay for the Valdez spill and they still only paid a small portion.]
ExxonMobil spokeswoman Pam Malek said the pipe leaked an estimated 750 to 1,000 barrels of oil for about a half-hour before it was shut down. Other Exxon officials had estimated up to 42,000 gallons of crude oil escaped.”
And these are the people who want to do away with the EPA. Their motivations, I hope will be more than obvious to most Americans–especially those who might have been planning to fish in the Yellowstone River this holiday weekend. Perhaps the American people should join together and file a class action lawsuit against Wall Street because of their continued obstrucion to our pursuit of happiness?
[NOTE: What many Americans may not realize is that the oil pipelines that crisscross the American landscape, like our bridges and highways, are part of an aging infrastructure that has gone unrepaired for 50 years of more. These pipelines are rusted thin. We can expect many more such "accidents" as this most recent one in Yellowstone Park. Because of the way corporations operate--wealthy investors first and to hell with everyone else, don't expect any preventive measures on their part. It serves their bottom line and their wealthy investors to wait until the pipes rupture. As far as I'm concerned every single stock holder in ExxonMobil shares responsibility for this spill. And that especially includes members of Congress who own stock in ExxonMobil.]
If nothing else, let’s get out the Ouija Board and conjure up another Ida Tarbell to do to Exxon Mobil what Ida did to Standard Oil. Ida was a investigative journalist (called a “muckraker” in those days) who helped to bring about the breakup of Standard Oil in 1911 in an antitrust suit.
Ida Tarbell – Library of Congress
ExxonMobil numbers among the 10 companies that have the most untaxed foreign income. If you want to see the information I’ve put in brackets regarding the number of Congressional members who own this stock, you can go to Open Secrets
Untaxed foreign profit: $94 billion
Tax Haven: US
Strategy: An army of 1000 former IRS accountants keeps GE’s taxes near zero
2. Pfizer (PFE) [63 members of Congress own stock in Pfizer- 31 Democrats and 32 Republicans]
Untaxed foreign profit: $48.2 billion
Tax Havens: Global
Strategy: HC Industry keeps more profits overseas than any other industry
3. Merck (MRK) [38 members of Congress own stock in Merck.
Untaxed foreign profit: $40.4 billion
Tax Havens: 140 countries
Strategy: Used more than $9 billion from abroad in 2008 tax-free to finance Schering-Plough acquisition
4. Johnson & Johnson (JNJ) [ 52 members of Congress own stock in this corporation]
Untaxed foreign profit: $37 billion
Tax Havens: Choose from 60 countries
Strategy: 48 consecutive years of dividend increases.
5. Exxon Mobil (XOM) [51 members of Congress own stock in Exxon Mobil]
Untaxed foreign profit: $35 billion
Tax Havens: Does most of its business on international soil
Strategy: 80% of the company’s 2009 earnings came from outside the U.S.
According to RawStory.com and other sources such as the NRDC switchboard:
The Coast Guard is investigating reports of a potentially large oil slick in the Gulf of Mexico not far from the Deepwater Horizon site. According to a knowledgeable source, the slick was sighted by a helicopter pilot on Friday and is about 100 miles long. A fishing boat captain said he went through the slick yesterday and it was strong enough to make his eyes burn.
According to the Times Picayune, the Coast Guard has confirmed they are investigating a potentially large 100 mile slick about 30 miles offshore. They are going to a site near the Matterhorn well site about 20 miles north of the BP Deepwater Horizon site, according to the paper. The Matterhorn field includes includes a deepwater drilling platform owned by W&T Technology. It was acquired last year from TotalFinaElf E&P.
Don’t keep records on the impact of worker’s health during the BP Spill. That will Ensure that when similar incidents occur in the future (and they will) You can Dismiss any Citizens claims as “Conspiracy Theories”
Now there are some in the media as well as the Obama administration who are trying to poo poo the news of most of the Valdez workers being dead. Even as reports of illness in the Gulf states begins to mount. Our elected officials did the same thing with the workers from 9/11. They did the same thing to the vets who came back from Vietnam with Agent Orange Damage. They did the same thing with the Vets who came back from the first Gulf War in the 1990’s with respiratory illnesses from the dust and the gas.
This BP spill is no different. AND they are making sure that there is damage control on this one as well. If you want proof, take a drive on down to Venice LA and look at the way the mobile health center is set up there to deal with people reporting symptoms. First they must go to an office that is run my medical people hired by BP, and then “if they are sick enough” they are referred to a second medical team on the lot that is not controlled by BP. Only a tiny portion of citizens make it to the second clinic. Check it out. Records (and/or “records” written by the oil company) are not being kept. Then word of mouth by the American people that our government officials can then poo poo as “conspiracy” theories years from now will be all the proof left of what they did.
The people are supposed to take comfort because no one kept “official” records? Now they are saying that long term studies have never been done on the effects of the Exxon oil spill disaster, so it’s difficult for us to know what to expect with this crisis. Last week U.S. Surgeon General Regina Benjamin reiterated this problem:
“Current scientific literature is inconclusive with regard to the potential hazards resulting from the spill,” Benjamin said. “Some scientists predict little or no toxic effect … while other scientists express serious concerns about the potential short-term and long-term impacts the exposure to oil and dispersants could have on the health of responders and our communities.”
That lack of published, peer-reviewed study of the Exxon Valdez cleanup workers has made protecting the growing number workers in the Gulf of Mexico all the more difficult and has Alaska watchdogs warning that BP and government regulators are repeating mistakes that made people sick a generation ago.
AND THIS IS SUPPOSED TO MAKE US FEEL BETTER OR SAFER OR THAT IT IS JUST FINE TO WORK ON CLEANUP CREWS WITH NO RESPIRATORS? I think that we can fit the pieces of the puzzle together with the Americans who are coming out and reporting their own personal experiences with Exxon and/or those of their families who are now dead.
Reports of illness in Louisiana and other Gulf Coast states are beginning to mount. As of June 29:
Exposure to the oil disaster in the Gulf of Mexico has resulted in 162 cases of illnesses reported to the Louisiana state health department, according to a report released Monday. Of those cases, 128 involved workers on oil rigs or individuals involved in the oil spill cleanup efforts, the report said.
I hope that the American people wake up and stop falling into the trap of saying that it is “big government” doing this.
It is not “big government” It is the elected officials that we send to Washington who are more interested in protecting their Wall Street Investments than they are in protecting the American people. I’m mad as hell but it’s not a “big government”. It’s the 263 multimillionaires in Congress—almost half who choose to represent their stock portfolios and Wall Street over the American people.
In fact, “Big Government” is the biggest conspiracy theory that we have going. “Big government” is real but it is a scapegoat that has been built by Republicans and Corporate Centrist Democrats. Rather than attack them and kick them out of office they send us off to fight some large, impossible to defeat entity.
I say KICK THEM OUT OF OFFICE and then we can deal with the monster that they have created and named as “the enemy”. “Big Government” is the Trojan House that they all live in.
No, I’m not a spokesperson for Tony Hayward and BP. However I think it helps to have the big picture so that we can know better what to expect.
It’s official! The Gulf spill has surpassed the 11 million gallons spewed during the 1989 Exxon Valdez disaster, making it the worst oil spill in U.S. history.
However, as you can see from the list below, the BP spill still has a way to go before becoming the worst in history. As far as that goes, the Exxon Valdez disaster of 11 million gallons of oil spilled, while the largest in the USA, still doesn’t make it to the top 12 worst oil spills.
In order for the BP spill to top the #1 for worst oil spill, the BP leak would have to continue to flow at its current estimated rate of a million gallons a day for almost 500 days–another year and a half. AND more good news, this largest spill in the Persian Gulf showed no visible signs of the spill less than two years later. Of course there was unseen ecological damage, but most scientific studies indicate that even these have been remediated by nature over the years since the event.
When: Jan. 19, 1991
Amount of Oil Spilled: 380-520 million gallons
When: June 3, 1979
Amount spilled: 140 million gallons
When: July 19, 1979
Amount spilled: 90 million gallons
When: Aug. 6, 1983
Amount spilled: 84 million gallons
When: Feb. 10, 1983
Amount spilled: 80 million gallons
When: Aug. 6, 1983
Amount spilled: 79 million gallons
Amount spilled: 69 million gallons
When: May 28, 1991
Amount spilled: 51-81 million gallons
When: April 11, 1991
Amount spilled: 45 million gallons
When: Dec. 19, 1972
Amount spilled: 35.3 million gallons
12. The Torrey Canyon Oil Spill
Where: Scilly Isles, UK
Amount spilled: 25-36 million gallons
The Obama Administration is allowing a foreign corporation to control the wildlife and shores of the USA?
Yep. That’s exactly what they are doing.
With oil undisputedly hitting the beaches and the number of dead wildlife mounting, BP is switching tactics. In Orange Beach, Alabama people are reporting BP wouldn’t let them collect carcasses. Instead, the company was raking up carcasses of oiled seabirds. “The heads separate from the bodies,” one upset resident told me. “There’s no way those birds are going to be autopsied. BP is destroying evidence!”
The body count of affected wildlife is crucial to prove the harm caused by the spill, and also serves as an invaluable tool to evaluate damages to public property – the dolphins, sea turtles, whales, sea birds, fish, and more, that are owned by the American public. Disappeared body counts means disappeared damages – and disappeared liability for BP. BP should not be collecting carcasses. The job should be given to NOAA, a federal agency, and volunteers, as was done during the Exxon Valdez oil spill in Alaska. MORE
BP is no different from any other Wall Street Corporation that the corporate centrists from the Obama Administration and most Republicans support–they will do ANYTHING, and that includes murder and complete devastation of our ecological infrastructure to ensure that their greedy investors get quarterly dividends that are as large as possible.
ANY AMERICAN WHO GIVES A DAMN ABOUT THE USA SHOULD REMOVE ALL THEIR INVESTMENTS FROM WALL STREET AND INVEST LOCALLY.
That’s right. In addition to bringing criminal charges against Tony Hayward and fining all of their executive management, we need to start holding shareholders responsible for the companies that they own stock in as well. Then perhaps it will suddenly matter to them what these Wall Street corporations are actually doing to people and the environment in order to put that quarterly dividend in the mail.
NOT FAIR YOU SAY? TOUGH!
i don’t think it is fair for me, someone who owns NO Wall Street stock, much less any in BP to have my taxes used to pick up the tab for the damage than has been done by the rich.]
PAY YOUR OWN FLIPPING WAY, YOU MULTIMILLIONAIRE FREELOADERS. WIPE YOUR OWN ASS INSTEAD OF NOT ONLY ASKING THE TAXPAYERS TO DO IT FOR YOU, BUT ALSO INSISTING THAT WE PAY FOR THE TOILET PAPER.
Americans don’t want to “redistribute” the wealth in spite of the fact that so much of it has been stolen from us by the rich for the past thirty years. We will be satisfied to see that our elected officials stop giving our tax dollars out as government welfare to the rich.
No finer example of this than the annual farm subsidies of $19 billion that we fork over every year to the rich. Only $350million of this go to small farmers who still live on the land they farm. The rest amounts to $18.6billion and is handed over to corporate agribusiness and rich “gentlemen” farmers like the Rockefellers who live in New York city. Blanche Lincoln, chairwoman of the Senate agriculture committee gives $710,000 of it to her own relatives every year.
The EPA gave the company a day to pick a new substance and three days to start using it instead of the current dispersant, known as Corexit 9500. The chemical has been rated more toxic and less effective than many others on the list of 18 EPA-approved dispersants, according to testimony at a congressional hearing Wednesday
Last night a BP executive announced that the Gulf Coast oil spill could be plugged up as soon as next week. This new process involves injecting a large amount of heavy mud into the well bore. If the efforts succeed, the well will be cemented shut.
Considering the source of the promise is BP, I’m not holding my breath. If they could have done this in a week, then why have they been messing around for a month trying other tactics? If they are able to stop it within a week, then I think the fines should be doubled and the CEO put in prison. Anyone with half a brain should be able to surmise that the only reason they allowed it to gush instead of plugging it immediately is because they have been trying to figure out some way to funnel the oil. Plugging the hole immediately and stopping the pollution was obviously not BP’s priority.
The BBC News reported that a gas platform has sunk in the Caribbean Sea off the coast of Venezuela, but the energy minister says it poses no risk to the environment.
All 95 workers were evacuated from the Aban Pearl platform before it sank in the early hours of Thursday.
The rig was at the center of Venezuela’s efforts to develop its huge offshore gas deposits. A tube connecting the rig to the gas field had been disconnected and safety valves activated, so there no risk of any gas leak. Apparently they had safety procedures in place as well since no one of the 95 workers was injured, much less killed as was the case with the BP leak. The rig belongs to an Indian company, Aban Offshore Ltd, but was being operated by Venezuela’s state oil company, PDVSA, which is developing the field.
Venezuela can consider itself lucky that one of the American or British companies such as Halliburton or BP did not own the equipment–otherwise it is likely that there would have been no safety precautions, the platform would have exploded killing 95 workers and gas would be leaking into the Caribbean Sea killing fish.
I hope that the American people remember the article that was published in the Wall Street Journal at the onset of the BP incident!
In all the blustering and political posturing that is taking place in the Beltway today, I hope that Americans remember one important fact: BP is responsible for the murder of workers and the pollution of the Gulf.
The oil well spewing crude into the Gulf of Mexico didn’t have a remote-control shut-off switch used in two other major oil-producing nations as last-resort protection against underwater spills. The lack of the device, called an acoustic switch, could amplify concerns over the environmental impact of offshore drilling after the explosion and sinking of the Deepwater Horizon rig last week.
U.S. regulators don’t mandate use of the remote-control device on offshore rigs, and the Deepwater Horizon, hired by oil giant BP PLC, didn’t have one. Yes, they did have some switches and they will talk about that as if they did all the could to prevent the accident.
NOTHING BUT LIES AND SMOKE SCREENS. The BP well had no acoustic switch which would have prevented the spill. These switches cost $500,000 and BP was too cheap and careless to purchase one. Other countries like Norway whose governments do give a damn about their people mandate that BP use these switches before drilling in their seas.
The CEO of BP should be tried in an international court of law for negligent homicide.
With the remote control, a crew can attempt to trigger an underwater valve that shuts down the well even if the oil rig itself is damaged or evacuate